ANALISIS LABA, ARUS KAS, DAN LIKUIDITAS UNTUK MEMPREDIKSI FINANCIAL DISTRESS PADA PERUSAHAAN MANUFAKTUR TEKSTIL YANG TERDAFTAR DI BURSA EFEK INDONESIA PERIODE 2019-2021

Abstract

This study aims to examine the effect of earnings, cash flow, and liquidity in predicting financial distress in textile manufacturing companies. This study uses a quantitative descriptive analysis model. Data was obtained from secondary data, namely data obtained from other parties in the form of publication reports for the 2019-2021 period. The population in this study are textile companies listed on the Indonesian Stock Exchange. The number of samples in this study are as many as 10 companies. The sampling method used was purposive sampling. Data is processed using SPSS, based on the conclusions of the analysis results, it is known that profit and liquidity have an effect on financial distress while cash flows have no effect on financial distress, where significant figures are obtained 0.050 and 0.000, meaning that it is less than 0.05, meaning that profit and liquidity have a significant effect on predicting financial distress. while the cash flow obtained the number 0.053 which means it is greater than 0.05 which means it does not have a significant effect on predicting financial distress.

Keywords : Profit, Cash Flow, Liquidity, and Financial Distress